Describe the differences with one example each between descriptive statistics and inferential statistics with 50 or...

Describe the differences with one example each between descriptive statistics and inferential statistics with 50 or fewer words

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Expert Solution

Use descriptive statistics to summarize and graph the data for a group that you choose. This process allows you to understand that specific set of observations.

Descriptive statistics are functions of the sample data that are intrinsically interesting in describing some feature of the data. Classic descriptive statistics include mean, min, max, standard deviation, median, skew, kurtosis.

Inferential statistics takes data from a sample and makes inferences about the larger population from which the sample was drawn. Because the goal of inferential statistics is to draw conclusions from a sample and generalize them to a population, we need to have confidence that our sample accurately reflects the population. This requirement affects our process. At a broad level, we must do the following:

Define the population we are studying.
Draw a representative sample from that population.
Use analyses that incorporate the sampling error.

orchestra answered 1 year ago

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